Prudent Man CFA's Comments Prudent Man CFA's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/86092/comments VIX Encourages Bull Hubris http://seekingalpha.com/article/160841-vix-encourages-bull-hubris?source=feed#comment-670108 670108 Thu, 10 Sep 2009 09:38:44 -0400 How Much Will We Blame the Fed? http://seekingalpha.com/article/160654-how-much-will-we-blame-the-fed?source=feed#comment-669202 669202
Will the "Health Panels" be as effective as the bank and SEC/NASDR examiners?


On Sep 09 02:28 PM bob adamson wrote:

> I am eagerly awaiting the comments of the Libertarians and Austrian
> School proponents to this blog. They might even note that the triggering
> event leading to the banking crisis in October of last year began
> with the actions of the US Fed to reign in the hedge fund speculative
> bubble in derivatives in July of that year (if only the market had
> been allowed to function unfettered by a central bank, the bubble
> could have continued on and been ‘resolved’ at some later point in
> time).
>
> On a more serious note, while a case can be made for institutions
> like the Bank of England and the US Fed being governed primarily
> by private sector investment banking interests, government needs
> to set some ground rules and set limits as well. The ongoing debate
> and tension between such a central bank and ‘The Street’ on the one
> hand, and government, on the other, can be creative. Arguably, the
> Clinton and Bush 1 administrations dropped the ball, however, by
> abandoning its involvement to too great a degree.
>
> While the Australian, New Zeeland and Canadian banking systems are
> not major players in international investment banking as compared
> to New York and London and therefore do not provide exact models
> for the US and UK, I suggest that recent events illustrate that the
> government’s role in those systems maintained a better balance. Note,
> in particular, an article appearing in the latest edition of ‘The
> Economist” at the following web site:
>
> www.economist.com/busi...;source=hptextfeature
> ]]>
Wed, 09 Sep 2009 14:47:23 -0400
Will the "Health Panels" be as effective as the bank and SEC/NASDR examiners?


On Sep 09 02:28 PM bob adamson wrote:

> I am eagerly awaiting the comments of the Libertarians and Austrian
> School proponents to this blog. They might even note that the triggering
> event leading to the banking crisis in October of last year began
> with the actions of the US Fed to reign in the hedge fund speculative
> bubble in derivatives in July of that year (if only the market had
> been allowed to function unfettered by a central bank, the bubble
> could have continued on and been ‘resolved’ at some later point in
> time).
>
> On a more serious note, while a case can be made for institutions
> like the Bank of England and the US Fed being governed primarily
> by private sector investment banking interests, government needs
> to set some ground rules and set limits as well. The ongoing debate
> and tension between such a central bank and ‘The Street’ on the one
> hand, and government, on the other, can be creative. Arguably, the
> Clinton and Bush 1 administrations dropped the ball, however, by
> abandoning its involvement to too great a degree.
>
> While the Australian, New Zeeland and Canadian banking systems are
> not major players in international investment banking as compared
> to New York and London and therefore do not provide exact models
> for the US and UK, I suggest that recent events illustrate that the
> government’s role in those systems maintained a better balance. Note,
> in particular, an article appearing in the latest edition of ‘The
> Economist” at the following web site:
>
> www.economist.com/busi...;source=hptextfeature
> ]]>
How Much Will We Blame the Fed? http://seekingalpha.com/article/160654-how-much-will-we-blame-the-fed?source=feed#comment-669175 669175
(As an aside: If housing and consumers pending (70% of GDP-much, to much - will not improve until employment improves then Employment is a Leading Indicator!)

Time for Congressional Term Limit!]]>
Wed, 09 Sep 2009 14:36:26 -0400
(As an aside: If housing and consumers pending (70% of GDP-much, to much - will not improve until employment improves then Employment is a Leading Indicator!)

Time for Congressional Term Limit!]]>
Twitter's Revenue Plans http://seekingalpha.com/article/160661-twitter-s-revenue-plans?source=feed#comment-669159 669159
While China sells more cars worldwide than the U.S in August even with the "Cash for Trash Program", which must be paid for with taxes, we spend our time "communicating" nonsense with equipment produced abroad.

How long does anyone believe this can continue?]]>
Wed, 09 Sep 2009 14:26:20 -0400
While China sells more cars worldwide than the U.S in August even with the "Cash for Trash Program", which must be paid for with taxes, we spend our time "communicating" nonsense with equipment produced abroad.

How long does anyone believe this can continue?]]>
OECD Economies Recovering Earlier than Expected http://seekingalpha.com/article/159851-oecd-economies-recovering-earlier-than-expected?source=feed#comment-660498 660498
China's is now investing in bonds issued by the IMF, monetized in SDRs, instead of U.S. Treasuries. How will that affect interest rates regardless of what the Fed says?

A slight increase in interest rates will blow out the black-box traders who are creating the momentum for equities. That is 1987 redux.]]>
Thu, 03 Sep 2009 12:49:22 -0400
China's is now investing in bonds issued by the IMF, monetized in SDRs, instead of U.S. Treasuries. How will that affect interest rates regardless of what the Fed says?

A slight increase in interest rates will blow out the black-box traders who are creating the momentum for equities. That is 1987 redux.]]>
Will the Market 'Melt Up'? http://seekingalpha.com/article/159837-will-the-market-melt-up?source=feed#comment-660405 660405
How much real estate owned (REO) does the banking system own while foreclosures are still rising? Where is support for the $25,000,000,000,000.00+ of toxic assets and worthless derivatives, carried on the books at cost, from an FDIC who is leveraged 50:1? When will policy makers decide to face our growing deficits that are already unmanageable, both private and public? Answer please, not simple cliches.

What would a slight increase in interest rates do to the black-box trader's, who monopolize equity markets, paradigm? 1987 redux!]]>
Thu, 03 Sep 2009 11:57:34 -0400
How much real estate owned (REO) does the banking system own while foreclosures are still rising? Where is support for the $25,000,000,000,000.00+ of toxic assets and worthless derivatives, carried on the books at cost, from an FDIC who is leveraged 50:1? When will policy makers decide to face our growing deficits that are already unmanageable, both private and public? Answer please, not simple cliches.

What would a slight increase in interest rates do to the black-box trader's, who monopolize equity markets, paradigm? 1987 redux!]]>
Good News, Bad Market Action http://seekingalpha.com/article/159450-good-news-bad-market-action?source=feed#comment-657403 657403
Purchasing managers can stop their orders in a minute. Home contracts are far from closings - ask any real estate broker. Buyouts for stock is just exchanging paper.

Is this the best we are going to get? Is this the stuff that analysts are estimating a 25% (same analysts who estimated 40% sales growth for Ford) earnings growth of 2010 over 2009 for the S & P 500? By the way, how does an analyst estimate 2010 earnings while clueless about 2009?
]]>
Tue, 01 Sep 2009 18:54:08 -0400
Purchasing managers can stop their orders in a minute. Home contracts are far from closings - ask any real estate broker. Buyouts for stock is just exchanging paper.

Is this the best we are going to get? Is this the stuff that analysts are estimating a 25% (same analysts who estimated 40% sales growth for Ford) earnings growth of 2010 over 2009 for the S & P 500? By the way, how does an analyst estimate 2010 earnings while clueless about 2009?
]]>
Indexes Could Test Support Levels Today http://seekingalpha.com/article/159392-indexes-could-test-support-levels-today?source=feed#comment-656732 656732 Tue, 01 Sep 2009 13:21:18 -0400 Two Great Bounces http://seekingalpha.com/article/159395-two-great-bounces?source=feed#comment-656729 656729
The housing market collapsed because of over-leverage. Now we have an FDIC with 50:1 leverage and private and public debt still at unsustainable levels. Of course, this is macroeconomic and their are a few, very few, companies who have managements and balance sheets positioned to take advantage of the new realities of a smaller world economy.

This "black box" trading reminds me of 1987. Should that be a case, where it is the equivalent of on trying to sell one's home in a hurricane, the risks certainly out weigh the potential gains.

Does anyone think interest rates are going lower and trust China's numbers? Brazil is expropriating oil assets. Taxes will be raised and/or the dollar drastically devalued chasing bond buyers out.


What were the equity markets "discounting" in early 2000 and 2007 when the country was already in recession?]]>
Tue, 01 Sep 2009 13:18:12 -0400
The housing market collapsed because of over-leverage. Now we have an FDIC with 50:1 leverage and private and public debt still at unsustainable levels. Of course, this is macroeconomic and their are a few, very few, companies who have managements and balance sheets positioned to take advantage of the new realities of a smaller world economy.

This "black box" trading reminds me of 1987. Should that be a case, where it is the equivalent of on trying to sell one's home in a hurricane, the risks certainly out weigh the potential gains.

Does anyone think interest rates are going lower and trust China's numbers? Brazil is expropriating oil assets. Taxes will be raised and/or the dollar drastically devalued chasing bond buyers out.


What were the equity markets "discounting" in early 2000 and 2007 when the country was already in recession?]]>
What's Plausible for the Fiscal Outlook? http://seekingalpha.com/article/159046-what-s-plausible-for-the-fiscal-outlook?source=feed#comment-653365 653365 Sun, 30 Aug 2009 12:23:02 -0400 Long-Term Economic Growth Prospects Remain Subpar http://seekingalpha.com/article/159062-long-term-economic-growth-prospects-remain-subpar?source=feed#comment-653312 653312
With the FDIC leveraged 50:1 and trillions in toxic assets and worthless derivatives unable to be liquidated but held as assets on the banks and Fed's balance sheet at cost, will result, at best, to overhanging supply and write-offs. What if the taxpayers didn't bailout the elitist financial institutions that should have been left to fail and that are insolvent now without bailouts? That debt for the taxpayers continues to rise.

The current equity markets are results of "Black Box" trading; 1987 redux.

Hope is always fine but realism is necessary to adapt to the fact that the world economy was over-leveraged to the point of breaking. How the "entitlement" generation accepts this reality will only result in greater market volatility bot socially and economically.]]>
Sun, 30 Aug 2009 11:43:21 -0400
With the FDIC leveraged 50:1 and trillions in toxic assets and worthless derivatives unable to be liquidated but held as assets on the banks and Fed's balance sheet at cost, will result, at best, to overhanging supply and write-offs. What if the taxpayers didn't bailout the elitist financial institutions that should have been left to fail and that are insolvent now without bailouts? That debt for the taxpayers continues to rise.

The current equity markets are results of "Black Box" trading; 1987 redux.

Hope is always fine but realism is necessary to adapt to the fact that the world economy was over-leveraged to the point of breaking. How the "entitlement" generation accepts this reality will only result in greater market volatility bot socially and economically.]]>
ETF Trends: Bulls Deserve a Rest http://seekingalpha.com/article/159070-etf-trends-bulls-deserve-a-rest?source=feed#comment-653292 653292 Sun, 30 Aug 2009 11:22:34 -0400 Weekly Market Recap: What Year Is This, Anyway? http://seekingalpha.com/article/158912-weekly-market-recap-what-year-is-this-anyway?source=feed#comment-651552 651552 Fri, 28 Aug 2009 16:50:29 -0400 Doug Kass Calls a 2009 Market Top on Overly Bullish Psychology http://seekingalpha.com/article/158578-doug-kass-calls-a-2009-market-top-on-overly-bullish-psychology?source=feed#comment-648759 648759
The combination of fundamentals confirmed by technicals have been, in my experience, a great way to manage my risk/reward ratio, with more emphasis on fundamentals. The influence of computer index and ETF trading distorts the technicals of individual stocks and makes me more skeptical of technicals. Many institutional investors sector trade, something I avoid, and few have been consistently successful.

As we saw late last year on the downside we are seeing on the upside the same effects of computer trading. As interest rates are a major component in the programs and they are historical lows should be cause for pause. Does anyone expect interest rates to decline?]]>
Thu, 27 Aug 2009 10:12:53 -0400
The combination of fundamentals confirmed by technicals have been, in my experience, a great way to manage my risk/reward ratio, with more emphasis on fundamentals. The influence of computer index and ETF trading distorts the technicals of individual stocks and makes me more skeptical of technicals. Many institutional investors sector trade, something I avoid, and few have been consistently successful.

As we saw late last year on the downside we are seeing on the upside the same effects of computer trading. As interest rates are a major component in the programs and they are historical lows should be cause for pause. Does anyone expect interest rates to decline?]]>
Peak Oil: A Reality or a Lie? http://seekingalpha.com/article/158635-peak-oil-a-reality-or-a-lie?source=feed#comment-648742 648742
Agree that the "Black Swan" is ready to swoon as there are innumerable catalysts that are there and it is just that the momentum crowd don't want to believe it. Denial is a deadly sin.

Look for more fudged economic numbers until the bureaucrats and politicians can no longer paint over reality. Believe them at your own and your families risk.]]>
Thu, 27 Aug 2009 10:00:20 -0400
Agree that the "Black Swan" is ready to swoon as there are innumerable catalysts that are there and it is just that the momentum crowd don't want to believe it. Denial is a deadly sin.

Look for more fudged economic numbers until the bureaucrats and politicians can no longer paint over reality. Believe them at your own and your families risk.]]>
Bond Expert: Tuesday Wrap http://seekingalpha.com/article/158238-bond-expert-tuesday-wrap?source=feed#comment-646075 646075
Many are concerned as to what the Fed will do, I am concerned what our creditors will not do. The PPI and CPI are not their concern; the devaluation of the dollar is. That "Black Swan" should be calculated in everyone's risk parameters. From where rates are it isn't.]]>
Tue, 25 Aug 2009 16:46:53 -0400
Many are concerned as to what the Fed will do, I am concerned what our creditors will not do. The PPI and CPI are not their concern; the devaluation of the dollar is. That "Black Swan" should be calculated in everyone's risk parameters. From where rates are it isn't.]]>
China's 'Problem': Too Much Money http://seekingalpha.com/article/157817-china-s-problem-too-much-money?source=feed#comment-642582 642582
We sold our future to the Devil. The irony is that a Communist Totalitarian Nation is owning a Crony Capitalistic one whose rush into Socialism has placed them destroyed the Free Enterprise System, for now.]]>
Sun, 23 Aug 2009 21:02:16 -0400
We sold our future to the Devil. The irony is that a Communist Totalitarian Nation is owning a Crony Capitalistic one whose rush into Socialism has placed them destroyed the Free Enterprise System, for now.]]>
10-Year Deficit Estimate Expected to Explode http://seekingalpha.com/article/157740-10-year-deficit-estimate-expected-to-explode?source=feed#comment-642556 642556

On Aug 23 08:20 AM TradingHelpDesk wrote:

> $2 trillion and counting. The cost of incompetence.

For a total of $9,000,000,000,000.00!!!]]>
Sun, 23 Aug 2009 20:40:34 -0400

On Aug 23 08:20 AM TradingHelpDesk wrote:

> $2 trillion and counting. The cost of incompetence.

For a total of $9,000,000,000,000.00!!!]]>
10-Year Deficit Estimate Expected to Explode http://seekingalpha.com/article/157740-10-year-deficit-estimate-expected-to-explode?source=feed#comment-642554 642554
I think it is time for Congressional Term Limits to stop the inmates from running the institution.]]>
Sun, 23 Aug 2009 20:37:27 -0400
I think it is time for Congressional Term Limits to stop the inmates from running the institution.]]>
Quantitative Easing and Fiscal Stimulus Are Both Fool's Games http://seekingalpha.com/article/157775-quantitative-easing-and-fiscal-stimulus-are-both-fool-s-games?source=feed#comment-642058 642058
I hope you use the true definition of neoconservative and not confuse it with the Barry Goldwater, Ronald Regan Social Libertarianism/Fiscal & Defense Conservatism.

The neoconservative are elitist class of intellectual radical liberals who converted in order for personal aggrandizement and not philosophy. They were connected with the Northeast/Beltway power groups that are infatuated with their own importance and power. Their political affiliation will always be fluid and their main concern is wealth without doing productive work. They have a word on the street for these folks.]]>
Sun, 23 Aug 2009 13:30:16 -0400
I hope you use the true definition of neoconservative and not confuse it with the Barry Goldwater, Ronald Regan Social Libertarianism/Fiscal & Defense Conservatism.

The neoconservative are elitist class of intellectual radical liberals who converted in order for personal aggrandizement and not philosophy. They were connected with the Northeast/Beltway power groups that are infatuated with their own importance and power. Their political affiliation will always be fluid and their main concern is wealth without doing productive work. They have a word on the street for these folks.]]>
China's Consumption Challenge http://seekingalpha.com/article/157787-china-s-consumption-challenge?source=feed#comment-642046 642046
Maybe the Chinese people will want some of that money that is financing America's profligates. It is interesting how quiet it has become regarding China's Human Rights now that the Progressive Left has assumed complete political power, for now. The elitist "progressives" (a term used in the 1920's for Marxists and is still germane) fund their collectivism at the cost of peasants. That is how perverted Classical Liberalism has become.]]>
Sun, 23 Aug 2009 13:20:52 -0400
Maybe the Chinese people will want some of that money that is financing America's profligates. It is interesting how quiet it has become regarding China's Human Rights now that the Progressive Left has assumed complete political power, for now. The elitist "progressives" (a term used in the 1920's for Marxists and is still germane) fund their collectivism at the cost of peasants. That is how perverted Classical Liberalism has become.]]>
S&P 500 Valuation and Earnings Analysis http://seekingalpha.com/article/157806-s-p-500-valuation-and-earnings-analysis?source=feed#comment-642024 642024
Whether the collectivist government decides or not to increase interest rates is irrelevant. It is what the lenders want. If you were a lender, based upon the data below, would you be looking to lend to the U.S. Maybe but geopolitics is a tough game and we don't have many tough guys, dirty, crooked guys yes, in government.

The Congressional Budget Office (yes, bureaucrats whose deficit projections are usually too low) have projected the deficit in ten years at $9,000,000,000,000.00 or $320,000.00 per capita which is $1,200,000.00 per family of four. Who is going to finance that? Who is going to service that debt? Debt backed by the signature of Timothy Geithner?

The DJIA may go to 20,000 or 5,000 but if you can't give me a fundamental valuation of just one stock in the index you are clueless as to where 30 of them are going, as I am and I do know the difference between income statements and balance sheets; reported earnings and free cash flow.

Interest rates have been zero for a year and unemployment is increasing, foreclosures are increasing and debt is not being repaid. If some believe that increases the value of U.S. business, so be it. Dow 30,000 in 1999? Japan is selling 1/3 of its all time value, when a square foot of real estate sold for $1 million. Who can argue with irrationality and abject ignorance when the mob takes control? Not me.

The Congress, Treasury and the Fed have been stealing from savers, retirees, retirement programs, etc. by devaluing the dollar to increase exports. It hasn't worked and they are running out of bullets in the gun. If they do increase exports, which I believe we must do by lowering our costs and standard of living, we run the risk of the net export nations not buying our debt.

When the "entitlement generation" goes to the entitlement well and finds it empty things will get interesting. Being a ward of the dysfunctional state will be painful and the pain hasn't even started.]]>
Sun, 23 Aug 2009 13:08:57 -0400
Whether the collectivist government decides or not to increase interest rates is irrelevant. It is what the lenders want. If you were a lender, based upon the data below, would you be looking to lend to the U.S. Maybe but geopolitics is a tough game and we don't have many tough guys, dirty, crooked guys yes, in government.

The Congressional Budget Office (yes, bureaucrats whose deficit projections are usually too low) have projected the deficit in ten years at $9,000,000,000,000.00 or $320,000.00 per capita which is $1,200,000.00 per family of four. Who is going to finance that? Who is going to service that debt? Debt backed by the signature of Timothy Geithner?

The DJIA may go to 20,000 or 5,000 but if you can't give me a fundamental valuation of just one stock in the index you are clueless as to where 30 of them are going, as I am and I do know the difference between income statements and balance sheets; reported earnings and free cash flow.

Interest rates have been zero for a year and unemployment is increasing, foreclosures are increasing and debt is not being repaid. If some believe that increases the value of U.S. business, so be it. Dow 30,000 in 1999? Japan is selling 1/3 of its all time value, when a square foot of real estate sold for $1 million. Who can argue with irrationality and abject ignorance when the mob takes control? Not me.

The Congress, Treasury and the Fed have been stealing from savers, retirees, retirement programs, etc. by devaluing the dollar to increase exports. It hasn't worked and they are running out of bullets in the gun. If they do increase exports, which I believe we must do by lowering our costs and standard of living, we run the risk of the net export nations not buying our debt.

When the "entitlement generation" goes to the entitlement well and finds it empty things will get interesting. Being a ward of the dysfunctional state will be painful and the pain hasn't even started.]]>
Only Smart Spending Drives an Economy http://seekingalpha.com/article/157755-only-smart-spending-drives-an-economy?source=feed#comment-641676 641676
We have been ardently devaluing the dollar for the past year in order to increase exports. That hasn't worked and if it does those countries whose exports decline will no longer be able to purchase our debt.

Devaluation of the currency means, virtually, stealing from the savers, retirees, those on pensions, the producers of the nation to support the bureaucracy and other parasites. Obviously, the devaluation must be more intense. Will our creditors accept that? Who knows in the world of geopolitics. The only things that have the U.S. from exploding interest rates is government manipulation and that the rest of the industrial nations have lived too high on the hog and on the cuff.

Markets will do what markets do: move on mob psychology and the inertia will take them in whatever direction of least resistance. Reason is always trumped by greed and fear. The major question in my mind is how much will the currency be devalued before our creditors say Stop?! I have spent my life avoiding debt and creditors and being dependent upon them but my collectivist government is forcing me into debt, against my will when the forces of the Free Enterprise System would have corrected our structural imbalances quickly by making those who caused the problems pay the price instead of profiting, at my expense, from their fraud.

It will be interesting to observe the reactions of "the entitlement generation" when they find the till is empty. Why doesn't anyone ask if Health Care would be less expensive if we didn't have Medicare? Just a thought.]]>
Sun, 23 Aug 2009 09:46:27 -0400
We have been ardently devaluing the dollar for the past year in order to increase exports. That hasn't worked and if it does those countries whose exports decline will no longer be able to purchase our debt.

Devaluation of the currency means, virtually, stealing from the savers, retirees, those on pensions, the producers of the nation to support the bureaucracy and other parasites. Obviously, the devaluation must be more intense. Will our creditors accept that? Who knows in the world of geopolitics. The only things that have the U.S. from exploding interest rates is government manipulation and that the rest of the industrial nations have lived too high on the hog and on the cuff.

Markets will do what markets do: move on mob psychology and the inertia will take them in whatever direction of least resistance. Reason is always trumped by greed and fear. The major question in my mind is how much will the currency be devalued before our creditors say Stop?! I have spent my life avoiding debt and creditors and being dependent upon them but my collectivist government is forcing me into debt, against my will when the forces of the Free Enterprise System would have corrected our structural imbalances quickly by making those who caused the problems pay the price instead of profiting, at my expense, from their fraud.

It will be interesting to observe the reactions of "the entitlement generation" when they find the till is empty. Why doesn't anyone ask if Health Care would be less expensive if we didn't have Medicare? Just a thought.]]>
Individual Investors Are Spooked http://seekingalpha.com/article/157587-individual-investors-are-spooked?source=feed#comment-640086 640086
This brokerage firm, mutual fund, media nonsense is a joke and has been since the advent of "program trading", which pretty much ended the importance of long-term investing based upon the fundamental value of a company and the economy as evidenced by volatility.

Combined with index and ETF trading (not investing) individual stock prices are skewed by indices rather than value or perceived value. It is no accident that this coincides with the U.S. becoming a "white collar" economy where individual effort, creativity, productivity is measured in the eyes of some sycophant, effete manager. Is it any wonder why we follow the power-mad collectivists, with their faulty premises, rigged data, managed news and lies?

Out economic and political future is right there in our rear view mirror: European lemmings dependent upon the State and outsiders to protect them and the destruction of Free Enterprise and the individual. The allusion of being safe and secure is more important than the actuality and responsibility of being Free.

This is what the "story of the market" means to me.
]]>
Fri, 21 Aug 2009 13:37:34 -0400
This brokerage firm, mutual fund, media nonsense is a joke and has been since the advent of "program trading", which pretty much ended the importance of long-term investing based upon the fundamental value of a company and the economy as evidenced by volatility.

Combined with index and ETF trading (not investing) individual stock prices are skewed by indices rather than value or perceived value. It is no accident that this coincides with the U.S. becoming a "white collar" economy where individual effort, creativity, productivity is measured in the eyes of some sycophant, effete manager. Is it any wonder why we follow the power-mad collectivists, with their faulty premises, rigged data, managed news and lies?

Out economic and political future is right there in our rear view mirror: European lemmings dependent upon the State and outsiders to protect them and the destruction of Free Enterprise and the individual. The allusion of being safe and secure is more important than the actuality and responsibility of being Free.

This is what the "story of the market" means to me.
]]>
Is Apple Going to Start Making TVs? http://seekingalpha.com/article/157559-is-apple-going-to-start-making-tvs?source=feed#comment-639738 639738
Why do I feel that the love of APPL reminds me of the love for MOT, Philco, RCA, Zenith of the sixties, GM, , GE, FNMA, MSFT and INTC of the eighties? I'm not knocking the company, just thinking back.

As in anything in life, it is the price one has to pay.]]>
Fri, 21 Aug 2009 11:06:14 -0400
Why do I feel that the love of APPL reminds me of the love for MOT, Philco, RCA, Zenith of the sixties, GM, , GE, FNMA, MSFT and INTC of the eighties? I'm not knocking the company, just thinking back.

As in anything in life, it is the price one has to pay.]]>
FDIC's New Rules on Bank Acquisition Sound Like Socialism http://seekingalpha.com/article/157287-fdic-s-new-rules-on-bank-acquisition-sound-like-socialism?source=feed#comment-637869 637869
And what do the taxpayers say: We Need More Government!!

We get what we deserve.]]>
Thu, 20 Aug 2009 09:52:25 -0400
And what do the taxpayers say: We Need More Government!!

We get what we deserve.]]>
The Collateral Damage from Cash for Clunkers http://seekingalpha.com/article/156909-the-collateral-damage-from-cash-for-clunkers?source=feed#comment-635505 635505
Who stands up for the working class. Goldman Sachs?]]>
Tue, 18 Aug 2009 18:36:53 -0400
Who stands up for the working class. Goldman Sachs?]]>
Giving Credit to the Growth Engine http://seekingalpha.com/article/156609-giving-credit-to-the-growth-engine?source=feed#comment-633868 633868 Mon, 17 Aug 2009 18:36:56 -0400 Expect Further Earnings Upside as the Recovery Unfolds http://seekingalpha.com/article/156623-expect-further-earnings-upside-as-the-recovery-unfolds?source=feed#comment-633860 633860 Mon, 17 Aug 2009 18:33:23 -0400 Emerging Markets: Weak Link in Bull's Armor http://seekingalpha.com/article/156625-emerging-markets-weak-link-in-bull-s-armor?source=feed#comment-633858 633858 Mon, 17 Aug 2009 18:30:14 -0400